Bitcoin Publications

Bitcoin is one of the world’s most important developments. Every person should understand cryptocurrency, how to use it, how it impacts the economy, and that’s what we do here. Help the world learn about this amazing decentralized currency!

Bitcoin NewsFree Report: Making Money with Bitcoin

Are You Looking Dive Into Crypto?

The Latest Bitcoin & Crypto News

Elon to Put Dogecoin on the Moon by 2022

Elon to Put Dogecoin on the Moon by 2022

By 2022, Tony Sta... I mean Elon Musk says he will be putting a real physical Dogecoin on the moon. No one ever said the man wasn't brilliant, if not a little eccentric. His backing of the cryptocurrency that was once just a joke is not just for fun. Dogecoin...

Digital Currency Market Live Pricing

Why Invest in Crypto?

Like it or not, cryptocurrency is practically everywhere these days and no longer just for day traders and nerds. In fact, many traditional businesses are integrating cryptocurrency into their platforms in some form, or using it as a means to launch other types of products. If you’re looking to invest or would like to explore other options follow the button to learn about Crypto Exchanges.

US firm WisdomTree lists crypto ETP on Euronext

United States-based companies are increasingly listing cryptocurrency-based investment products in Europe, with asset manager WisdomTree getting another listing for its crypto basket exchange-traded product (ETP).On Dec. 2, WisdomTree listed its Crypto Mega Cap Equal...

Bitcoin Capital AG launches two crypto ETPs on SIX Swiss Exchange

Bitcoin Capital AG released two new exchange-traded products on the SIX Swiss Exchange: the FiCAS Active Bitcoin ETP (BTCB) and FiCAS Active Ethereum ETP (ETHB), which are actively managed by FICAS AG.Institutional investors, professional, and private investors...

Bitcoin tests traders’ nerves as analyst reissues $400K BTC price forecast

Bitcoin (BTC) was on repeat on Dec. 2 as markets watched another attack on $60,000 end in defeat.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView“Nothing has changed”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD back at $57,000...

BadgerDAO reportedly suffers security breach and loses $10M

The BadgerDAO decentralized finance protocol appears to have suffered from a cyber attack leading to the loss of a reported $10 million at the time of writing. The attack, which was made public at about 2 a.m. UTC on Dec. 2, targeted the protocol on the Ethereum...

Lummis says Fed is ‘violating the law’ with Wyoming blockchain bank delays

Republican senator for Wyoming Cynthia Lummis has argued that the Federal Reserve is “violating the law” by delaying the processing of applications from crypto-native banks to receive accounts at the central bank.In a Nov. 30 op-ed for the Wall Street Journal, Lummis...

15 crypto leaders make the cut for Forbes 30 Under 30

Forbes has named 15 youthful crypto business leaders on the 2022 edition of its 30 under 30 list.Despite its misleading name, the annual Forbes 30 under 30 list is actually comprised of 600 people aged 30 and under from a total of 20 categories such as finance, gaming...

Miami to use PlanetWatch and Algorand for air quality monitoring

Miami is preparing to be one of the first major US cities to monitor its air quality using a decentralized Internet of Things (IoT) network built on Algorand.French environmental technology company Planetwatch has developed five different types of air quality sensors....

In 2013, Wired destroyed the key to 13 BTC now worth $760K… to make a point

There has been no shortage of people and institutions that woefully underestimated the potential of cryptocurrency. Among the ranks of once-were Bitcoin naysayers is Wired, which destroyed the private key to a Bitcoin (BTC) wallet holding 13.34623579 BTC back in 2013...

$106M worth of metaverse land sold last week: DappRadar

Four blockchain-based metaverse projects generated more than $100 million worth of virtual land nonfungible token (NFT) sales last week, according to data from DappRadar. A Tuesday post from the decentralized application analytics firm reported that between Nov....

Jury in Craig Wright lawsuit ‘cannot all agree on a verdict’

The court case between Australian Craig Wright and the estate of his now deceased friend David Kleiman over legal rights to tens of billions of dollars worth of Bitcoin mined by Satoshi Nakamoto could end in a mistrial if jurors remain deadlocked.Wright claims he used...

Mining solutions

Anybody can become a Bitcoin miner by running software with specialized hardware. Mining software listens for transactions broadcast through the peer-to-peer network and performs appropriate tasks to process and confirm these transactions. Bitcoin miners perform this work because they can earn transaction fees paid by users for faster transaction processing, and newly created bitcoins issued into existence according to a fixed formula.

For new transactions to be confirmed, they need to be included in a block along with a mathematical proof of work. Such proofs are very hard to generate because there is no way to create them other than by trying billions of calculations per second. This requires miners to perform these calculations before their blocks are accepted by the network and before they are rewarded. As more people start to mine, the difficulty of finding valid blocks is automatically increased by the network to ensure that the average time to find a block remains equal to 10 minutes. As a result, mining is a very competitive business where no individual miner can control what is included in the blockchain.

The proof of work is also designed to depend on the previous block to force a chronological order in the blockchain. This makes it exponentially difficult to reverse previous transactions because this requires the recalculation of the proofs of work of all the subsequent blocks. When two blocks are found at the same time, miners work on the first block they receive and switch to the longest chain of blocks as soon as the next block is found. This allows mining to secure and maintain a global consensus based on processing power.

Bitcoin miners are neither able to cheat by increasing their own reward nor process fraudulent transactions that could corrupt the Bitcoin network because all Bitcoin nodes would reject any block that contains invalid data as per the rules of the Bitcoin protocol. Consequently, the network remains secure even if not all Bitcoin miners can be trusted.

How Blockchain Works

A blockchain, originally blockchain, is a growing list of records, called blocks, that are linked using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data (generally represented as a Merkle tree). By design, a blockchain is resistant to modification of its data. This is because once recorded, the data in any given block cannot be altered retroactively without the alteration of all subsequent blocks.

For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for inter-node communication and validating new blocks. Although blockchain records are not unalterable, blockchains may be considered secure by design and exemplify a distributed computing system with high Byzantine fault tolerance. The blockchain has been described as “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”.

Subscribe For Updates

24hr transactions

transactions per hour

largest transactions

years of experience